Iridex (NASDAQ:IRIX) reported its Q3 earnings results on Tuesday, November 14, 2023 at 04:21 PM.
Here’s what investors need to know about the announcement.
Earnings
Iridex beat estimated earnings by 8.33%, reporting an EPS of $-0.11 versus an estimate of $-0.12.
Revenue was down $1.78 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 28.25% drop in the share price the next day.
Here’s a look at Iridex’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.11 | -0.12 | -0.11 | -0.14 |
| EPS Actual | -0.17 | -0.13 | -0.07 | -0.11 |
| Revenue Estimate | 14.23M | 13.64M | 15.16M | 13.87M |
| Revenue Actual | 12.86M | 13.71M | 15.20M | 14.63M |
To track all earnings releases for Iridex visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
